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Santander to Offer Cryptocurrency Services in Brazil in the Coming Months

29.7.2022
Santander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into...

Final candidates for next UK prime minister have made pro-crypto statements

28.7.2022
The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the next party leader by Sept. 5, at which point Johnson will officially step down

Voyager: ‘No Customer Will Be Made Whole’ Under FTX Proposal

25.7.2022
FTX CEO Sam Bankman-Fried said his firm's offer would give Voyager customers back 100% of the remaining assets, while Voyager’s lawyers argue that it only benefits FTX

US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme

23.7.2022
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had a partnership with Mastercard. My...

Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

22.7.2022
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year...

Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency

21.7.2022
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue...

Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator

20.7.2022
Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory...

Bitcoin, Ethereum Technical Analysis: ETH Hits $1,600 as Crypto Surge Continues on Tuesday

19.7.2022
Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up...

Tony Hawk Skates Into the Metaverse With ‘Largest Virtual Skatepark Ever Made’

13.7.2022
The skateboarder's foray into the metaverse will take place in The Sandbox, an Ethereum-based virtual land game

Bets.io

11.7.2022
Bets.io is not just a gambling platform that accepts cryptocurrency, but it is one of the best gambling sites on which deposits and withdrawals are made exclusively with digital coins. You are however benefited here, as the crypto payments are … Continued The post Bets.io appeared first...

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

9.7.2022
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius...

US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

9.7.2022
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto...

Report: $540 Million Crypto Gaming Hack Made Possible By Elaborate Phishing Scheme

6.7.2022
NFT Pokémon clone Axie Infinity went from being famous for players profiting off its “play-to-earn” gaming scam to infamous for getting hacked out of $540 million in cryptocurrency. Now according to a new report by The Block we know what made the security breach possible: a sophisticated phishing...

Institutional investors shorting Bitcoin made up 80% of weekly inflows

5.7.2022
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million

Dubai Is Preparing to Take Its Government to the Metaverse

4.7.2022
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad...

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

2.7.2022
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high...

Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam

1.7.2022
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed...